Member Info for comeonvog

H2 next week when things will really start to move , news in abundance is my prediction. Trolls do one.

bigbench That will come with volume , nearly there.

As of May 2021, India has 140 billionaires which put the country third in the world, after the United States and China. The number of Indian billionaires has increased from 102 to 140. (As of May 2021).
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steven49 Most small cap stocks are constantly sold as they fluctuate between bulls and bears , the time to be invested is when that trend end's trouble is nobody really knows when that might happen. One big indicator is volume and as we slowly see the selling dry up around 2p it could be argued we are close to that point. What we have here is a huge tail wind with the POO/Gas to support our growth that most would not have believed would happen last year ( WTI $30 ). I ask my self could you have an IPO for a company with over 30MMboe with all our infrastructure and a market willing to take all that is produced for under £45million , i don't think so. And that is without the upcoming drilling campaign never mind what they might be planing for 2022 besides Paraguay.

This quote " The full benefit of capex will only be fully felt from the start of 2022 when all Salta new wells are expected to be on stream", late accounts , Paraguay not drilling until H1 2022 has not helped , but for me this is now the time to invest. We are in a bull market for hydrocarbons (current winter spot gas sale prices in Argentina are US$6.5 MMBtu, much above expectations and a marked 182% increase from January 2021 prices.) and about to mobilise for the oil wells . Do you buy now or in 6 months .

razoba44 PL stated it won't be till end of 2021 when we will feel the full benefit of this years drilling campaign .

"However, in H2 for President it's all about oil. We will return to Salta Province in that period with some serious investment. President has an extensive work programme of new 3D seismic acquisition and a three well programme aimed at both identifying new well locations in previously prolific structures and importantly by the end of the year materially increasing oil production in the Province to take the benefit of higher oil prices."

NorthernMagic Most stock's have a transition period at some point and to me this is what we are experiencing ( stale bulls/traders). This has been a terrible investment/LTH for most and it's mainly down to PL bad judgment in that time, but we move on. We are lucky in one respect and that is the pricing for oil/gas , this is a big brucy bonus and will be making a positive impact to our financials as we are moving into the next phase of drilling. IMO

NorthernMagic ye i know it's all in the RNS's , i'm just on about last year's subscription by Trafigure. BTW you answered your own question , the problem here is people trading on every little rise the SP never gets a chance to stabilise at a higher price.

"and as my current average is low - 1.8p ish - and through range trading my way out of endless holes over the years"

NicetoMichu "he's got to show that in black and white though because there is no goodwill at all left " i think you have to treat this as a new investment, let the past go and move on . Much has changed with PPC over the last 24 months and POO/Gas is moving in our favour to help support a higher SP, this company as it stands now with all the infrastructure and reserves must be worth way more than £50 million so i'm sticking with it. Plenty saying we could be in for a couple of years of high pricing for all Hydrocarbons, Trafigura could have just timed this right last June or did they know what might happen in 2021.

Of H1 are upon us, the 6 months of waiting are all but gone as we prepare to drill for oil throw in news on the treatment plant, Water-flood, ATOM ( our green credentials ) "It is expected that a further announcement relating to Atome will be made in June with progress being made on two diverse projects." Update on Group reserves. New 3D seismic data acquisition planned over Canada Grande, a formerly prolific but now non-producing oil field also at Puesto Guardian well the list is endless . o ye and WTI at 5 year high's , going to be an exciting H2 IMO

I missed this bit from the last opp's update ... "Possibility of new wells in the same originally pressured fault block as EV-1002 now being considered for later this year". So we have the 3/4 planned oil wells and we might also be drilling for more gas this year.

AParky Well it has given me the opportunity to buy back some stock, this is worth much more than 2p and i think thay do care about the SP.

However, the Company expects to publish and file the 2020 Accounts no later than 31 August and will provide an update to the reporting date as and when appropriate.
Pull your finger out PL and get them published early , that would upset the troll's .

NorthernMagic Yep plenty to keep us focused as we start the second drilling campaign in H2. Atom might be a game changer .

elland Thks for posting i will have a look tomorrow . well done England was a good match to watch .

We edge ever closer to H2 , so i grabbed a few more at these silly prices. The real cash is with these upcoming oil wells .

steven49....... "The full benefit of capex will only be fully felt from the start of 2022" . So when do you buy, now or start of 2022 when the SP will be much higher.

Fevertreeman......."The hard lessons that have been learnt from unsuccessful drilling in the past has given President a determination to succeed with the Company now having the resource and a drilling and engineering design team that have proved themselves able to deliver in action. Moreover with higher oil prices mitigating the greater discount for Salta oil and all necessary infrastructure in place to cope with greater volume, there are potentially materially enhanced margin barrels to be had."

elland Then we have possible news on the Water flood,New 3D seismic data acquisition planned over Canada Grande, a formerly prolific but now non-producing oil field also at Puesto Guardian, Atome news soon . I think i might make a list just as a reminder for cross reference and post every few days.

"The best wells in Canada Grande produced initially as much as 1,000 boepd from the clean A6 sands. If the data indicates commercially viable well locations, then it would be President's objective to drill in Canada Grande following on from the H2 drilling in Salta."

Fevertreeman Do i really need to reply and what would be the point anyway as your negativity towards this stock is plain to see. More to the point why are you posting here , life is so short.